PhilaPort’s Newest Carrier Makes Its First Vessel Call

The Port of Philadelphia’s $300 million expansion is continuing to bring new business opportunities to The City of Brotherly Love. After increasing its import volume by a whopping 21.9 percent in 2017, the port welcomed the first vessel from its newest carrier earlier this week. The M/V Warnow Sun of Atlantic Ro-Ro Carriers Inc. (ARRC)…

Port of Philadelphia Import Volume Grew by 21.9% in 2017

Thanks to a $300 million expansion effort, business is booming at the Port of Philadelphia, according to a recent article in Supply Chain Dive. After deepening the Delaware River Channel and making substantial infrastructure investments, the port saw import volumes rise by nearly 22% in a single year. This constitutes the largest increase in year-over-year…

FTZ versus Customs Bonded Warehouses

When deciding on a warehouse for your business, two of the options you have to choose from are bonded warehouses, like the warehousing offered through American Supply Co., or foreign trade zones, also known as FTZs. Both are great options, but if you are trying to decide between the two, here are some specifics on…

US Investing Big on Port Improvements

In its just-released 2016-2020 Port Planned Infrastructure Investment Survey, the American Association of Port Authorities (AAPA) asked its U.S. member ports how much they and their private-sector partners plan to spend on port-related freight and passenger infrastructure during the next five years. The AAPA then calculated what it believes is the “best-case” scenario for investments on U.S.…

Port of Philadelphia Undergoing Significant Expansion

The Port of Philadelphia has quite the extensive history. It has served as the commercial center for eastern Pennsylvania for nearly 400 years. In recent years, however, the port has struggled to keep up the existing infrastructure. Fortunately, Gov. Tom Wolf’s administration recently announced that the state will be investing in a series of renovations…

On West Coast, Port Shutdown is Bad for Business

On West Coast, Port Shutdown is Bad for Business

Over the weekend of February 6, in the wake of tense labor negotiations between shippers and the International Longshore and Warehouse Union, a number of west coast ports were temporarily closed. The Pacific Maritime Association, who alleges that the port workers’ union has been carrying out a deliberate labor slow-down in order to gain bargaining…

Double-Digit Growth in Cargo Figures for the Port of Philadelphia

The Port of Philadelphia has experienced four consecutive years of double-digit growth in cargo figures. Based on the figures from the first three months of 2014, it looks like we’ll be making this the fifth year of substantial growth in our sector.   Charles G. Kopp, Esq., the chairman of the Philadelphia Regional Port Authority,…